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Home»Legal and Regulatory»Europe’s Adoption of AI Regulations Becomes a Historical Achievement
Legal and Regulatory

Europe’s Adoption of AI Regulations Becomes a Historical Achievement

December 12, 2023No Comments2 Mins Read
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The European Union has become the first major world power to adopt phenomenal rules to regulate Artificial Intelligence (AI). Following 36 hours of “marathon talks,” the Council Presidency and the European Parliament have agreed on a provisional deal that intends to scrutinize AI models, including ChatGPT.

The EU’s AI regulation focuses on implementing comprehensive norms and guidance on artificial intelligence technology that boasts the capability of transforming everyday life. The proposal also aims to introduce regulation in the government’s use of AI in biometric surveillance, constraining the authority to use only real-time biometric surveillance in public spaces for cases involving serious crimes.

Carme Artigas, Spanish Secretary of State for AI, commended the European Union’s adoption of AI regulatory rules as a “historical achievement.” Citing the move’s agenda and its potential impact, Artigas added,

Today’s agreement effectively addresses a global challenge in a fast-evolving technological environment on a key area for the future of our societies and economies. And in this endeavour, we managed to keep an extremely delicate balance: boosting innovation and uptake of artificial intelligence across Europe whilst fully respecting the fundamental rights of our citizens.

According to the proposal, the basic AI systems, including ChatGPT and general purpose AI systems (GPAI), are required to comply with regulatory obligations. In detail, these systems should submit technical documentation, prior to their appearance in the market, adhering to the EU copyright law.

With regard to the high-impact models that involve systematic risks, they are necessitated to undergo model evaluations, assessing and mitigating the potential risks. In addition, they are also supposed to conduct adversarial testing and ensure cybersecurity.

See also  U.S. Securities and Exchange Commission (SEC) Seeks To Force Elon Musk Testimony in Twitter Takeover Probe

Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

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